Altitude Angel launches an API for safer drone flights

Altitude Angel, a U.K. startup that provides safety, data and traffic management systems for drones, is launching a de-confliction service for drone flights — available via its developer API platform. “The dynamic system will continuously monitor the airspace around an aircraft for the ‘unexpected’ such as other aerial vehicles or changes to airspace (such as…

US Navy’s next-gen helicopter drone is ready for service

It took a few years, but the US Navy’s beefier Fire Scout helicopter drone is finally ready for action… more or less. The military branch has declared that Northrop Grumman’s MQ-8C has reached “initial operational capability,” or the minimum state it needs to enter service. The new, Bell 407-based variant is considerably larger than its…

Parrot reportedly grounds its toy drones – CNET

The toy mini drones are done for, it seems. James Martin/CNET If you’re a fan of Parrot’s Bebop or Mambo drones, you might want to snag one while you still can. The French drone maker is reportedly pulling out of the mini drone market as it focuses future development on its flagship line of Anafi…

LSE’s big bet; Humans are beating machines in hedge-fund land; Early days for AI

David Schwimmer, CEO of the London Stock Exchange. Visual China Group/Getty Dear readers, Happy Saturday! In a blockbuster $27 billion deal that’s certain to threaten Bloomberg’s financial-data empire, the London Stock Exchange struck an agreement this week to buy the data company Refinitiv. The tie-up highlights trading venues’ desire to move beyond low-margin trading and…